Friday, September 26, 2014

Sale of BESI arouses interest in the Middle East and China – Economic

Sale of BESI arouses interest in the Middle East and China – Economic

Economic Daily



 Sale BESI arouses interest in M ​​& # xE9; dio East and China

The” Wall Street Journal ” said that the sale of BESI is at an early stage.

The American newspaper “Wall Street Journal” that the Holy Spirit proceeds Group is in early talks to sell the area of ​​investment banking, which is led by José Maria Ricciardi.

BES Investment, which has about a thousand employees, received “expressions of interest” from a number of entities. However, negotiations are still at an early stage, according to the American financial newspaper, citing two officials of the bank.

One of the sources point to the “Wall Street Journal” that expressions of interest in buying the BES I came from a strong strategic investor from the Middle East, although Chinese banks are also in the race to acquire the bank led by José Maria Ricciardi.

The “Wall Street Journal” states that a sale of the investment banking business by the Holy Spirit Group should involve a separation of the regional bank’s operations. The Espirito Santo Securities India, for example, where about 30 employees work in services as ‘research’ market, brokerage and investment banking, has been probed by several potential buyers, an official said recently that Indian unit.

BES I is incorporated in New Bank, created after the rescue BES , and employs about thousand people, mainly in Lisbon and London. According to the American newspaper, the charge of European equities at BES I in London, Dipesh Patel, left the bank to take similar job at Macquarie.

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